Trump, Apple and Tariff
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President Donald Trump spoke with Russian President Vladimir Putin about ending the war in Ukraine, hosted the president of South Africa at the White House and threatened more stringent tariffs against the European Union this week.
A federal judge agreed with Presidend Donald Trump’s assertion that he can use a 1970s law to unilaterally impose sweeping tariffs on other countries' goods.
1don MSN
President Donald Trump is threatening a 50% tax on all imports from the European Union as well as a 25% tariff on smartphones unless the products are made in America.
On Friday the president threatened a 50% tariff on the European Union and a 25% levy on smart phones if companies failed to move production to the U.S.
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.